Ripple's XRP is down 2% in the last 24 hours, making it the worst performer in the top 10 cryptocurrencies. The bearish performance has seen XRP drop below $1.40 despite strong fundamental news from the Ripple ecosystem. XRP underperforms as whales refrain from selling XRP has lost 2% of its value in the last 24 hours and has now dropped to the 5th position on the CoinMarketCap list. It has lost its position to Binance's BNB coin once again after poor performance in recent days. The bearish performance comes despite Ripple announcing plans to acquire BC Payments to secure a financial services license in Australia.